Twitter shelves London relocation after Facebook move

Social network has already outgrown plans made in summer to move into Euston
location

Twitter has shelved plans to move into a new office in London’s Euston area, just days after Facebook announced plans to move into the same building.

The social network, which debuted on the stock market on Thursday, signed a deal to move into the Regent’s Place office in the summer, occupying 18,000 sq ft of space.

However, it has cancelled the plans to move into the building, according to the building’s owner, FTSE 100 property company British Land.

It is understood that the timing of Facebook’s move into the office is merely coincidental, and that given Twitter’s faster-than-expected expansion plans following its flotation, it needed extra room.

The company informed British Land that it was shelving plans to move into the building at the end of October. Since the property company's facility at 10 Brock Street is already fully let, it is unable to rent extra room there.

Twitter is searching out a new location after outgrowing its current West End headquarters on Titchfield Street and is believed to be looking for a space at least 50pc bigger than the one it agreed to in the summer.